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    Henan Textile Enterprises Call For The Abolition Of "High Levy And Low Deduction"

    2011/8/24 16:31:00 32

    Textile Enterprises Appeal

    "Cotton prices are ups and downs, and textile companies suffer. Hard hit It calls for policy support and abolition. High sign and low button " " This is the consensus reached at the "2011 textile high level forum" held in Kaifeng, Henan from August 18th to 19.


     


    The forum is hosted by the Henan Textile Industry Association. Zhu Beina, President of China Cotton Textile Industry Association, heads of relevant departments of Henan provincial development and Reform Commission, provincial industrial and commercial office, Provincial Federation of industry and commerce, Provincial Federation of trade unions and provincial Science Association, and the responsible persons from more than 100 key textile enterprises in Henan Province, attended the meeting.


     


    Zhu Beina said that the rise and fall of cotton prices made the original profits. Meager Textile enterprises are overburdened. Since May this year, the yarn market has been depressed, the cotton and cotton yarn prices are hanging upside down, and the enterprises are selling at a loss. In addition, many factors, such as tight money, rising labor costs and rising energy prices, have caused many textile enterprises, especially small and medium-sized enterprises, to stop production and stop production.


     


    The delegates expressed their views. Wugang Silver Dragon Group Chairman Lu Yaohong believes that the price of cotton this year appears. Skyrocketing The difficult situation of textile enterprises is a concrete manifestation of the immature market economy and the lack of state control means. On the one hand, textile enterprises should fight together to meet challenges, and on the other hand, they should actively reflect the objective situation and strive for national policy support.


     


    Shao Jiaxiang, President of Nanyang Textile Group, said that as a manufacturing enterprise, we should keep our eyes in mind and actively respond to it. We should speed up transformation and upgrading according to the actual situation of enterprises, and enhance the ability of enterprises to withstand market risks. He made three suggestions: first, the unification of cotton import tax. At present, there are three kinds of cotton import tax in China: zero tariff, sliding tax and so on. Imported cotton should be purchased by the state, which is conducive to the stability of the price. The two is to severely suppress the man-made malicious speculation in the cotton circulation field. The three is to adjust the policy of collecting and storing cotton. It is the goal to stabilize the cotton price and promote the development of industry. The state should make reference to the call of key textile enterprises in formulating cotton import, tariff, quota and other related policies, so as to make the policy more fair, reasonable and operable.


     


    Yan Defu, chairman of Shangqiu Galaxy cotton industry, who has been engaged in cotton business for more than 30 years, believes that domestic cotton production can not meet the market demand, and China's cotton is always a seller's market. To protect the interests of cotton farmers, the state has recently issued a policy that the State Cotton store will purchase at a price of 19800 yuan / ton, but it should be specified that the price of leather cotton purchased from cotton farmers is to prevent traders from buying at a price.


     


    At the forum, the delegates unanimously suggested that the state abolish the policy of "high tax and low deduction" for purchasing and processing value-added tax on cotton. At this stage, the State implements 17% of the input tax and 13% of the output tax to the textile enterprises, and the input tax is 4 percentage points higher than the output tax. The delegates unanimously suggested that it should be adjusted as a tax support policy for "input tax and output tax".

     

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